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Deutsche Bank’s merger knife won’t spare Asia

The headquarters of deutsche bank are pictured in frankfurt

Sometimes being good enough just isn’t enough. That’s the situation Deutsche Bank AG’s Asian employees may find themselves in if a merger with Commerzbank AG goes ahead. Deutsche Bank has relatively resilient investment- and corporate-banking franchises in the region, where Commerzbank has only a tiny presence. But the optics are awkward: It’s a unit stuffed with highly paid bankers at ...

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Don’t blame China for Germany’s data shocker

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China has become the fail-safe excuse for every bad economic indicator in the world. Among industries, autos are playing a similar role. So it should be little surprise that both have been fingered as fall guys for a slump in Germany manufacturing activity that spurred gloom over global growth and doom in financial markets. The purchasing managers’ index fell to ...

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Walmart beats Amazon in this $35bn market

A wal mart pickup grocery employee helps a customer at a test store in bentonville

On a number of fronts in online shopping, Amazon.com Inc.’s strategy is clear and brutally effective. It is gunning for more dollars in high-margin categories such as home goods with a growing catalog of private-label items. It’s offering two-hour delivery in some markets, a speedy service few retailers are in position to match. And its popular, voice-activated Alexa devices and ...

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